Abstract: By the late-1950s, the Soviet Union acquired a strong position as a world oil exporter, thanks to major discoveries in the Ural-Volga area. The new availability prompted the USSR to greatly increase its exports, especially to West European countries. Such strategy was met with ambivalent reactions, depending on each countryʼs position and status on the world oil scene, as well as on their political and economic needs. In order to transport their oil to strategic areas within the Soviet Union and to Europe, the Soviets devised a project for a c...
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Topics: 
International trade
Economy